Question: Project plan The following project plan indicates activity times in days: Note: Under normal conditions, the project team will be able to finish Activity A

Project plan The following project plan indicates activity times in days:

Project plan The following project plan indicates activity times in days: Note:Under normal conditions, the project team will be able to finish Activity

Note: Under normal conditions, the project team will be able to finish Activity A in 7 days with a TOTAL cost (for the entire 7 days) of $7,000. Under exceptional conditions when the project team must crash (or expedite) Activity A, it will take 6 days to finish with a TOTAL cost (for the entire 6 days) of $8,000.

4.1. What is the critical path?

4.2. How many days will the project take to complete?

4.3. To shorten the project by 4 days, which tasks would you shorten using the minimum cost method, and what would the final total project cost be?

\begin{tabular}{|c|c|c|r|r|} Activity & NormalTime(days) & CrashTime(days) & TotalNormalCost($) & TotalCrashCost($) \\ \hline A & 7 & 6 & $7,000 & $8,000 \\ \hline B & 3 & 2 & 5,000 & 7,000 \\ \hline C & 4 & 3 & 9,000 & 10,200 \\ \hline D & 5 & 4 & 3,000 & 4,500 \\ \hline E & 2 & 1 & 2,000 & 3,000 \\ \hline F & 4 & 2 & 4,000 & 7,000 \\ \hline G & 5 & 4 & 5,000 & 8,000 \\ \hline \end{tabular}

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